Large scale democracy is a scam. People never know what is going on...and in effect, leave the governing to the elites-who can't seem to resist ripping them off. Sooner or later, 'The People' realize that these elites despise them..and are taking advantage of them. They turn to anti-establishment politicians...'populists' and tyrants. They want a 'strongman' who promises to save them from the know-it-alls. European governments try to placate the mobs by delivering education, medical care, and pension benefits; they operate almost like vast compulsory social insurance programs. The U.S. meanwhile, the leader of The West, tries to rally its people behind a program of perpetual war. Around every corner and behind every tree, Americans see their great empire being challenged by evil spirits. They must meet the challenge with even more sanctions, bombs, guns...Homeland Security, the NSA, FBI, CIA, Seals, snipers...a 2 trillion F-35 fighter plane, and more important, MORE MONEY. Of course, they don't have any money, so the extra-spending (1.9 million a day for Planned Parenthood's abortion of a half million babies yearly) must be done on credit...and added to the national debt...speeding up the rate of decline. Gold, in the meantime, made its first ever monthly close above $2,500 an ounce yesterday, August 1, 2024. -article from Bill Bonner
